Can we deduct WCT TDS on Interstate WORKS CONTRACT ,
Example, Contractor is in Banglore, he has completed work
in Mahrashtra which involved Civil work, Furnitures,
fixtures & labour etc, Contractor has raised invoice on
service receiver adding 13.50% full CST +4.12% Service
charges on Total invoice amount, kindly clarify whether
Service receiver is eligible to deduct WCT TDS in
Maharashtra on invoice value of the contractor, if yes at
what rate ?
Answers were Sorted based on User's Feedback
Answer / pankaj naidu
WCT-TDS is not required on Interstate Work Contract.
Is This Answer Correct ? | 31 Yes | 6 No |
Answer / rajesh
WCT TDS is deducted only Localy and not interstate sales
Is This Answer Correct ? | 12 Yes | 1 No |
What is the TDS . and how can we identify this is TDS Deductable or not.
What is the date of depositing entry tax and submission of return?
In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.
1.meaning of income tax,service tax,central excise,esi7pf 2.methods of filling above taxes? 3.methods of payment of taxes?
We had received form16A from one corporate company, against they made payment about Rs.49,000/- on 25/06/08, What i Should do this form ?
What are the items are the purpose of calculating taxable? - Excise duty - Fine & penalty - Loss on sale fixed assets - Depreciation on fixed assets
What do you mean by fair rent?
i have recently joined a bank as probationary officer.i ant to know hich of the two options bellow will be benefitial:- 1.receiving HRA or 2.receiving lease rent from the bank.
please explain what is actually E-15 what is its process and also what its importance.
What is the difference between TDS and TCS?
24 Answers Godrej, SSK, TCS,
WHAT IS THE LAST DATE FOR PAYMENT OF TAX OF EXCISE DUTY IN CASE OF ( SSI ) UNIT .
Any body give journal entry for this PURCHASEA/C DR 500 S.TAX 50.0 SUNDRY CREDITOR 450.00 AND Which amount i taken in purchase ledger and which amount i taken in s.Tax ledger and which amount i taken in sundry creditors ledger wat are the details i require to maintain with regard to submitting of s.Tax return